Diversified Portfolios Inc. Lowers Stock Holdings in Vanguard Real Estate ETF $VNQ

Diversified Portfolios Inc. decreased its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 7.8% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 75,517 shares of the exchange traded fund’s stock after selling 6,388 shares during the period. Diversified Portfolios Inc.’s holdings in Vanguard Real Estate ETF were worth $6,904,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Brighton Jones LLC grew its position in Vanguard Real Estate ETF by 59.4% in the fourth quarter. Brighton Jones LLC now owns 30,762 shares of the exchange traded fund’s stock worth $2,740,000 after acquiring an additional 11,469 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in shares of Vanguard Real Estate ETF by 267.6% in the 4th quarter. Revolve Wealth Partners LLC now owns 7,599 shares of the exchange traded fund’s stock valued at $677,000 after purchasing an additional 5,532 shares during the last quarter. AQR Capital Management LLC boosted its holdings in shares of Vanguard Real Estate ETF by 17.5% in the 1st quarter. AQR Capital Management LLC now owns 8,616 shares of the exchange traded fund’s stock worth $780,000 after purchasing an additional 1,284 shares during the period. Hantz Financial Services Inc. increased its position in shares of Vanguard Real Estate ETF by 123.6% during the 2nd quarter. Hantz Financial Services Inc. now owns 313 shares of the exchange traded fund’s stock valued at $28,000 after purchasing an additional 173 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of Vanguard Real Estate ETF by 0.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 2,772,100 shares of the exchange traded fund’s stock valued at $246,883,000 after purchasing an additional 8,142 shares during the last quarter. Institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Stock Up 0.1%

Shares of VNQ opened at $95.54 on Thursday. The company has a market cap of $36.59 billion, a PE ratio of 35.58 and a beta of 1.03. The business has a fifty day moving average of $91.73 and a 200 day moving average of $90.93. Vanguard Real Estate ETF has a 52-week low of $76.92 and a 52-week high of $96.23.

About Vanguard Real Estate ETF

Vanguard REIT ETF (the Fund) is an open-end investment company. The Fund invests in stocks issued by real estate investment trusts (REITs), companies that purchase office buildings, hotels, and other real property. It tracks the return of the MSCI US RIT Index, a gauge of real estate stocks. The Vanguard Group, Inc provides investment advisory services to the Fund.